Closed-End Funds | Aberdeen

A distinct structure for long-term investing

Closed-end funds offer the diversified portfolio potential of mutual funds while trading throughout the day on a stock exchange.

Aberdeen’s closed-end funds are actively managed strategies designed to support income, growth and investment objectives.

Aberdeen: A long-standing specialist in closed-end funds

$20.5BN*: managed globally in closed-end funds

5th Largest: global closed-end fund manager

40: years of global closed-end investing experience

17: actively managed US closed-end funds

*As of March 31, 2026

Why investors use closed-end funds

Long-term investment horizon

A fixed capital base allows closed-end funds to invest with a long-term horizon, including in less liquid assets that may support higher return potential

Discounts and premiums

Closed-end fund shares can trade above or below their net asset value (NAV), creating opportunities to buy at a discount or sell at a premium.

Income potential

By investing in higher-yielding and less liquid securities, and in some cases using leverage, income-focused closed-end funds can generate attractive cash flows for investors.

Leverage opportunities

By borrowing capital to invest, closed-end funds can enhance income and growth potential in rising markets.*

*leverage can also increase potential losses in falling markets

The Aberdeen closed-end fund range

Credit

Investing in both domestic and international fixed income to support a broad range of income objectives.

Real Assets

Investing in global real estate and infrastructure to balance income potential with long-term capital appreciation.

Specialist Equities

Investing across differentiated equity sectors and markets to complement broader portfolio objectives.

Credit

Real assets

Specialist equities

Closed-end Funds	Monthly fact sheet	Shareholders annual report	Shareholders semi-annual report	Tax information
Aberdeen Government Markets Income Fund (MGF)		Download	Download	Download
Aberdeen Intermediate Income Fund (MIN)		Download	Download	Download
Aberdeen Multi-Market Income Fund (MMT)		Download	Download	Download
Aberdeen Municipal Income Fund (MFM)		Download	Download	Download
abrdn Asia-Pacific Income Fund, Inc. (FAX)	Download	Download	Download	Download
abrdn Income Credit Strategies Fund (ACP)	Download	Download	Download	Download

Insights12 min Read

Emerging market equities: AI, inflation, and selective value

Technology leaders powered a strong quarter, but opportunities remain far broader. Tune in as we explore AI-driven growth, valuation risks, and where investors may find value across emerging markets.

Jul 10, 2026

Insights5 min Read

Municipal bonds: Income, resilience, and the return of relative value

After several years of rate volatility, municipals are offering something investors have been waiting for: attractive tax-adjusted income, firmer demand, and a market where active credit and curve positioning can still make a meaningful difference.

Jul 08, 2026

Insights3 min Read

The case for emerging markets today

Re-examining the case for emerging markets as macro conditions evolve and investor focus begins to broaden.

Jun 25, 2026

Insights4 min Read

Global infrastructure: Why a selective approach matters

As the infrastructure universe expands, investors must look beyond broad labels and test whether assets still offer the characteristics that make infrastructure attractive.

Jun 12, 2026